Road to recovery?
Road to recovery?
Positive sign within employment market and leisure industry is first indicator of confidence returning.
There are fresh signs today that the economy is beginning its slow road to recovery, and even better news for the leisure industry. Leading hotels, hospitality and catering recruitment company, Berkeley Scott, is reporting a surge in demand for temporary labour.
Prior to September we were on average about 20% down on our 2008 temporary recruitment volumes Explains Mark Darby, managing director of Berkeley Scott. However, the recent surge has seen us hit a comparable volume as at the same time last year, which is quite phenomenal
Encouragingly, the increase is coming at all levels within the industry and across all sectors. In particular senior level roles are performing well with Berkeley Scott reporting an increase in demand for head chefs at large venues, office based sales staff across hotels and catering, and even banqueting managers.
The temporary labour metric is used by commentators and analysts alike as a major indicator as to the direction the market is heading in with regard to recruitment and wider employment opportunities which then filters down into the general economy.
The rise is being put down to three main factors, according to Darby, who has been encouraging the business to talk extensively to clients about the economy and concludes that the primary reason is a general upturn being felt in the economy and a small amount of confidence creeping back in to the market.
Redundancies made during 2009 have also forced companies to look at temporary staffing. Whilst there are many reasons why companies chose to make people redundant, it has left many of them short at the current time when the normal seasonal rise has kicked in explains Darby.
There is one further development which may in part explain the results. Berkeley Scott has actively modified and improved its service over the past 6 months and has recruited a number of temporary recruitment specialists from across the sector, all of whom bring exceptional experience. Coupled with the fact that they are celebrating 25 years within the industry, and thus demonstrate financial stability when other companies are struggling, the result has been to capture greater market share.
Despite this, Darby is confident that this message is positive for the industry Yes, it is fantastic for us that new clients are coming over to us and that our service is meeting their needs and adding value to their business. But this is not the overriding factor - without doubt, there is a significant increase in the number of temporary roles within the industry as a whole, which indicates to us that the market is beginning to return and that the future looks much better than it did 6 months ago.